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CNBC
Jan 14, 2013 7:00pm EST
it must raise the debt ceiling and that the fed is going to keep buying bonds for now. on this one-month anniversary of the heinous, awful newtown shootings, the sheriff comes out in favor of banning assault weapons. "the kudlow report" begins right now. >>> first up tonight, president obama slams the republicans. he says no gimmick, no magic coins. just the plain old standoff on the debt ceiling. who is gonna blink first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take the full faith and credit of the united states and the health of the u.s. economy as hostages. >> they will not collect our ransom in exchange for crashing the american economy. the financial well-being of
FOX Business
Jan 17, 2013 12:00am EST
dollar claim to avoid the debt ceiling showdown or just raise the debt ceiling himself to avoid the amendment. they will avoid the mess than address what has created the mess. overspending. over eating. you don't think we see to the games? that chance. we see through of fact acre wearing dark clothes and filmed at a distance. they know he is a slob. so is washington. camera moved back. back. you are too close. you can catch inauguration coverage. i will be in washington d.c. but it will be filmed from new york for the big festivities. we will have drone technology taking all of theed e shots. here is what is "money" tonight. president obama announced his sweeping gun-control proposals, but with gun sales shooting through the roof and hundreds of millions of firearms already out there, can they really make a difference? today's power panel takes aim at the hot issue. plus at least seven americans are reported to be among dozens of oil and gas workers taken hostage in algeria. is this the first wave of al qaeda sponsor strikes against critical energy facilities? and could it disru
FOX Business
Jan 18, 2013 1:00pm EST
: the dow is trying to turn positive. cheryl, i do not think we go anywhere until we fix this debt ceiling fight. cheryl: they are coming up with at least a recommendation. i am sure there will be an argument in d.c. ashley and melissa have got you covered. ashley: another argument in d.c., never? melissa: shocking. [ laughter ] we do have breaking news. learning a vote on the debt ceiling coming as early as next week. the details of the bill and reaction from peter welch straight ahead. ashley: one american remains missing in the u.s. says they will not go she ate hostage swap with terrorists. stephen hadley is our special guest this hour. ashley: energy companies facing off against a formidable opponent. they are losing. ashley: do not mess with the chicken. that is all i will say. especially with the prairie chicken. time for stocks now as we do every 15 minutes. nicole petallides. nicole: we are not to far off the unchanged line. you sneeze and you are in the positive territory. intel has been weighing on the dow jones industrials. that has been one of the things holding them back. the
FOX Business
Jan 16, 2013 1:00pm EST
can avoid the debt ceiling showdown, get rid of the debt ceiling altogether. tracy: and grounded, and other emergency landing for boeing's dreamliners. planned as the top two airlines stopped planes from flying altogether. lori: on a post-it note just isn't enough. employee who allegedly stole $400,000 worth of copy machine toner and resold it on the black market. you have to hear it to believe it. tracy: top of the hour. nicole petallides on the floor of the new york stock exchange. we can't seem to find our footing. nicole: interestingly enough we are not too far off of the unchanged line but we are up six of the last eight trading weeks. hovering around five year highs. as you noted early on, talk a lot about boeing weighing on the dow jones industrials today play with one issue after another. the s&p 500 down one point at 1471. it is also earning season. how they are faring. they came out obviously earnings-per-share eating earnings slightly miss. a new high for dell. and all those names are lower. continue to follow earnings here all week on fox business network. we have gen
FOX News
Jan 14, 2013 7:00pm PST
to the wood shed over the debt ceiling today the white house press car taking on the president and president obama getting, well, rather testy. >> are you considering a plan b and if not, why not? >> chuck, what i'm saying to you is that there's no simpler solution, no ready, credible solution other than congress either give me the authority to raise the debt ceiling or exercise the responsibility that they have kept for themselves and raise the debt ceiling. >> what chuck and i and many people are curious, the new adamant desire for you not to negotiate and seems to conflict with the modern era of presidents and the debt ceiling and your own history of the debt ceiling. >> i think if you look at the history getting votes for the debt ceiling is always difficult. i don't think anybody would consider my position unreasonable here. >> you say you're not going to negotiate on the debt ceiling this year, why should house republicans take that seriously and think if we get to the one minute to midnight scenario that you're not going to back down. >> jewel anna, this is straight forward, either co
FOX
Jan 15, 2013 4:30am PST
and dry, maybe just a little bit warmer. >> well the debt ceiling continues. how that could affect california plus a newly released budget. >>> a fellow student appears in court and why prosecutors say he will be tried as an adult. >>> westbound between walnut creek and oakland, we will tell you more about the morning commute and the bay area weather. . >>> good morning, 20s and 30s, frost and freeze should be out. >>> well some pg&e customers in l-spurs should be out after high voltage power lines crashed on to a house. it came crashing down yesterday morning on west baltimore avenue. one person was inside the house but fortunately was not hurt. >>> they are searching for an inmate who escaped from a correctional facility. david allan brown climbed over a fence near lakeport on sunday night. as you can see from his picture he has a very distinct tattoo around his neck. he is a parole violater and has been convicted of resisting arrest. he was supposed to serve his time but was stone a jail to reduce inmate population. >>> they are looking to the toughest gun laws legislation. they
FOX Business
Jan 16, 2013 5:00pm EST
make sense of investing. adam: before we get to the debt ceiling. california overestimated how much tax revenue they would get from the facebook ipo. the overestimated by $600 million. you can hear jerry brown doing a homer simpson. can you trust governments to get the numbers right? the fight over the debt ceiling is in full force. as democratdemocrats propose a o eliminate it completely and the ratings have come out with two scenarios in which it was downgraded the u.s. credit rating. not good news. some republicans are relishing the debt ceiling does indeed have to be raised. joining us now, ihs chief economist and we appreciate you being here. is this fight we are about to have necessary, and what is going to happen to whether it is the global market, 401(k), what will happen to all of us if congress passes this fight? >> this is not a necessary fight. this situation created by congress which sent the debt ceiling from years ago in hopes it would impose some discipline but of course it hasn't because it has been raised and raised and raised and now it is a source of a contentious de
KOFY
Jan 14, 2013 9:00pm PST
on 7 news at 9:00. president obama draws new line in the sand on american debt ceiling. tonight what happens if the limit is not lifted and who feels it first. first. >> nissan íáf- >> treasury secretary geithner tell congressional leaders that the government will exhaust its borrowing limit as soon as mid february not march as expected. in the mean time president obama insists tonight that he will not negotiate with house republicans over the debt ceiling. mark matthews looks at the challenge the president is facing. >> president told reporters raising the debt ceiling is not a question of more spending. >> it's simply allows the country to pay for spending that congress has already committed to. >>reporter: then he repeated that. >> raising the debt ceiling does not authorize to us spend more. >>reporter: in the 40 minute press conference he said it half dozen times. >> this is about paying your bills. >>reporter: if the u.s. defaults on the debt. >> social security checks veteran benefit will be delaye delayed. might not be able to pay our troops. honor our contract with
FOX Business
Jan 18, 2013 11:00am EST
% undervalued today. dagen: thank you very much. connell: the situation on the debt ceiling approaching quickly, republicans trying to decide what their next move will be. dagen: rich edson in virginia. rich: it is beautiful. a lot nicer than it was yesterday as republicans have concluded their three-day retreat and is about how to extract the most spending cuts and make the most structural spending changes over the number of budget fight and win the debt ceiling, the sequester. government budgeting the deadline hits march. one republican leadership says republicans are when it comes to the debt ceiling settling on a strategy. >> the one thing is we have set a structure moving a short-term so people don't have a fear economically of where we are and are able to move forward to solve this problem once and for all. rich: the strategy would be a short-term debt increased to work on the other spending points and come back to the debt ceiling perhaps in a few months. he says he is not sure when the timing of that vote would be, he only says sooner rather than later. connell: republicans have become
CNBC
Jan 22, 2013 1:00pm EST
if there's no solution on the debt ceiling by the deadline day. >>> and this guy, he's teed off, the golfer phil michakelson tee off over his taxes. and he's not going to take it anymore, or is he? sue herera is live at the new york stock exchange. >> earnings are front and center with j & j, dupont, travelers all out with results. more on them in a few minutes. let's get you ahead of the curve. google is getting ready to report its latest results after the bell. fears about an ad revenue and major focus on those shares. google right now is down 3 bucks on the trading session. john is in silicon valley with what investor s need to know ahead of the numbers. >> couple of important themes this quarter, mobile and mobile. mobile's impacted on the core business. as more people do searches from mobile devices, google's revenue has been coming down. it's more than likely this trend will continue as smartphone and tablet sales spike. cbc could come down 11%. it was down 15% last quarter. then we have the nexus 7 and nexts 10 tablets. in q3, some analysts estimate google sold around 100 million tab
CSPAN
Jan 19, 2013 10:00am EST
the u.s. economy and the fed's role in monetary policy. he called on congress to raise the debt ceiling in the release of u.s. can pay its bills. he spoke at the gerald ford school of public policy. >> thank you very much. it is also my great pleasure to welcome all of you here today. on behalf of the gerald r. ford school of public policy, the university of michigan is extremely honored to welcome the hon. ben bernanke, chairman of the board of governors of the federal reserve system. today's conversation is the latest in our series of distinguished lectures, policy talks at the fort school. we're so pleased that region white can introduce to the events and we're also very president marye sue: here today as well as -- we also have several of the university's executive officers and beans. i would like to welcome all of them and thank them for joining us today. it is an honor and truly personal pleasure to introduce our next guest. the fed's charges to provide a healthy economy. this is a complex and critically important mission and it makes the person at its helm one of if not the most
NBC
Jan 14, 2013 6:00pm PST
:00 and 9:00 a.m. for the first in line at 9:00. >>> still ahead, debt ceiling deja vu. from social security to interest rates, the president lays down the law and the cuts that could be coming our way. but is the situation as dire as they make it? >>> a somber anniversary in newtown as parents mark one month since their children were killed. their new proposal today and the unthinkable has happened again. a brutal gang rape in india that started with just a bus ride next in "world tonight." >>> also, he used to shoot with his gun. now this former cop uses his camera to shoot 49ers games. >>> welcome back. now if you thought the doomsday scenarios were bad under the fiscal cliff, just wait for what's coming next. >> the debt ceiling talks are under way. president obama warns the dire consequences if congress fails to raise our borrowing limits. in tonight's reality check, sam brock explains why most people should just take a deep breath. sam? >> raj, it would be therapeutic if nothing else. there is certainly little refuting the failure to raise the debt ceiling would send shock waves throug
CNBC
Jan 16, 2013 6:00am EST
because the debt ceiling concern and talks, it's been pretty much nonexistent on the industrial -- >> the markets at fresh five-year highs. >> yeah. it's all because we had the fiscal cliff. and it was so volatile coming into it. we saw some massive swings and massive breakdowns coming into it. it seemed like the market was all over the place. with the debt ceiling, everyone thinks they'll kick the can, raise the debt ceiling up, or get resolved within -- >> that mean the market's at risk? it would seem yes, right? >> see, if you -- my opinion of what will happen is if there's any small breakdown in it, you know, if there's threats that they may downgrade the s&p, whatever, we'll see a breakdown in s&p down to like 14.50, 14.40. but there are so many people waiting on the sidelines, so much cash. and people looking at u.s. equities over the safety play. they'll start coming in, they'll buy. it i think it's going to be a good year for the s&p this year. >> what does earnings season do? hearing from jpmorgan and goldman sachs, the financials have been a driver of major averages mo
MSNBC
Jan 15, 2013 3:00am PST
's the view of all of them. >> of course. >>> we'll move onto the debt ceiling with the government on pace to run out of money by mid-february. >> yesterday, the president warned republican leaders raising the nation's borrowing limit was non-negotiable and congress aimed to use it as lever eventuallyiage for deep s. >> while i'm willing to find middle ground to reduce our deficits, america cannot afford another debate. not paying its bills is irresponsible. it's absurd. republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect or ransom in exchange for not crashing the america economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serio
CNBC
Jan 15, 2013 4:00pm EST
low. that's where the complacency comes from. you see it there. as we move into the debt ceiling debate, it can be far harder to solve than the taxes, we think the market can be down for a while, and before it comes back up. >> so you're looking for a decline, and perhaps that is an entry point for some. do you agree with that? >> i think any decline is an opportunity to buy, maria. i'm very, very bullish on u.s. equities and one of the main reasons i am the u.s. energy story which i think is a story that's not being told as well as it should be. in 2012 the u.s. oil production was up 16%. that was the biggest year over year increase in u.s. oil production since 18 at which just happens to be when we started producing oil so if we think about what's going on. we have right now -- right now we produce oil at 80%, the same price the rest of the world does. we produce natural gas at 25% of the price the rest of the world does. we have cheap energy here in the united states and we feel that will drive manufacturing back to the united states, create jobs, and when all this political s
CNBC
Jan 22, 2013 4:00pm EST
in less than an hour. >> expected to tee off a vote on the debt ceiling bill. what's their new plan? we'll go live to washington next, and even with the immediate threat of the debt ceiling ahead, another's contrarian view coming up. >> chip murky's quarterly result are due out now. those numbers coming up as we continue on the "closing bell." . ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. there. i said it. they don't have pictures of my kids. they don't have my yoga mat. and still, i feel at home. could it be the flat screen tv? the not so mini fridge? ♪ the different free dinner almost every weeknight? or maybe, it's all of the above. and all the rest. am i home? nope. but it almost feels that way. homewood suites by hilton. be at home. >>> all right. they are teeing off this new debt ceiling bill. john boehner will be housing a meeting with key republican leaders at 5:00 p.m. eastern time. >> reporter: >> that's coming
CNN
Jan 19, 2013 4:00am PST
on this one. the upcoming debt, certainly, the debt ceiling set the tone, really, for what to expect, we think, for the next four years. the battle over that, already. do you see that as the case? >> well, it's certainly going to be a big challenge, both for the president and for republicans. you're already hearing from republicans that came out of their retreat yesterday, essentially walking back, that they were going to use this debt ceiling pretty much to -- you know, as the democrats like to say, to take the economy hostage, to demand spending cuts. they have backed off of that, looking at some plan to raise the debt ceiling at least for the next three months, to give some time for those talks to happen. and there is a big challenge in coming together, because the president still really feels like absolutely, the debt needs to be focus on, it's a huge issue, big priority, but it needs to be done in a balanced way so that all the spending cuts are not focused on programs for those who are most vulnerable. so we'll see. >> so ana, do you think that the debt ceiling will set the tone between
FOX News
Jan 15, 2013 6:00am PST
to raise the debt ceiling, right? president obama warned he will not enter into another game of brinkmanship as he referred to it over the debt sealing with republicans. >> the issue here is whether or not america pays its bills. we are not a deadbeat nation. if congressional republicans refuse to pay america's bills on time, social security checks and veterans benefits will be delayed. investors around the world will ask if the united states of america is in fact a safe bet. the full faith and credit of the united states of america is not a bargaining chip. martha: a lot of talk about the president's demeanor at that news conference yesterday. we'll get into that a little bit more coming up but for now does this really come down to an issue of raising the spending limit or defaulting on our credibility as the president has talked about. let's bring in stuart varney, host of "varney & company" on fox business network. so, stuart, you feel the way he is framing this is incorrect? >> yes. we're not going to default, period. we are not going to default. the default means that yo
Current
Jan 15, 2013 6:00am PST
is regarding the debt ceiling why doesn't the president go ahead and implement article 14 of the constitution, and if the republicans want to take this to court, let's go. let's have this conversation. let's explain to the american people why you racked up two wars unpaid for, tax breaks for rich people unpaid for, but you don't want to pay the bills. >> stephanie: exactly. i'm not sure what the white house is -- even on guns -- even any kind of mention of what the president might do on guns they are already talking about impeachment. that's the times we're in. twenty nine minutes after the hour. right back on the "stephanie miller show." ♪ show, to be able to come away armed with the facts, and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. but it's also about telling them, you're put on this planet for something more. i want this show to have an impact beyond just informing. an impact that gets people to take action themselves. as a human being, that's really important. this is not j
CNBC
Jan 16, 2013 6:00pm EST
that's at risk from the debt ceiling debacle? but the full faith and credit of the republic itself? how long can we shrug off this grand canyon plunge that's coming? as we did again with another benign day, dow tipped 29 points, and nasdaq advance advanced .22%. this is behavior. is the market actually smarter than you and i think? i'm starting to believe the latter and tonight i'm going to tell you why. first, i don't necessarily want to invest in a country if it doesn't pay its bills. dead beat country, but i don't mind if it can't pay for its bills but for a moment refuses to. it must honor its debts no matter what. i believe passionately that we will pay debts in a timely fashion. congress is supposed to hold the purse strings, but the american people are less stupid than washington thinks they are. they lived through another one of these scares. that time, we were frightened, frightened about what a ratings agency downgrade would mean to the country. do you remember where you were that weekend when we got the downgrade? i know where i was. philadelphia eagles training camp. and the
CSPAN
Jan 14, 2013 8:00pm EST
-imposed thing coming up is a debt ceiling, something americans have not heard of before two years ago. the debt ceiling is not a question of authorizing more spending. raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that congress has already committed to. these are bills that have party been racked up, and we need to pay them. so while i am willing to compromise and find common ground for how to reduce the deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they have already racked up. if congressional republicans refuse to pay america's bills on time, social security checks, veterans benefits will be delayed. we might not be able to pay our troops or honor our contracts with small-business owners. food inspectors, air traffic controllers, specialists who track down loose nuclear materials would not get their paychecks. investors around the world will ask if the united states of america is in fact a safe bet. markets could go haywire. interest rates would spike for anyone who
FOX Business
Jan 17, 2013 1:00pm EST
fighting and hammer out a strategy to deal with the looming debt ceiling. melissa: chaos in algeria, the fate of dozens of hostages is unknown. some reportedly have escaped. fox news middle east analyst and lou dobbs will weigh in. first, time for stocks, let's check with the floor the new york stock exchange, nicole petallides is standing by. the dow just awful session highs, but not having a bad day. nicole: not bad at all. up about 90 points off of the highs of the day. was yesterday a fluke? we had five days of gains, gave back a little bit yesterday and back in the green again. look at the nasdaq up more than half a percent. the s&p 500, gains across the board. economic news for labour numbers and those were good, housing starts have been on the move as well, that was well above expectations. let's take a look at some of the homebuilders in particular, which have had a great run recently. tilden permits at multiyear highs. ben willis yesterday talking about optimism. there is a look at lennar. to give an idea of how well the homebuilders have run up, to put together a chart wit
CNN
Jan 15, 2013 4:00am PST
to duke it out over the debt ceiling, one said we should get rid of it all together? does ben bernanke have a point? >> the nra releases a new target practice ap for kids as young as 4. >> we have a packed show for you this morning. mike thompson joins us and greg walden is our guest. the congressman and newly crowned miss america, mallory hagen will be joining us. tuesday, january 15th and starting point begins right now. . >>> welcome to starting point. after years and years of lying to the world, lance armstrong is finally coming clean. there report he's confessed to oprah winfrey and he used drugs to win his titles. sources say he is in talks to have some of the millions he was paid by the postal service to sponsor the tour. cnn's ed is live in austin, texas. let's talk about what he told oprah and what the next steps are for lance armstrong. >> the big question will be to what extent did he confess and how much detail is he going to offer? also from the standpoint of how did he offer it and what was the body language there? lance armstrong is an athlete who is vehement in his deni
CNBC
Jan 17, 2013 9:00am EST
hiring. we may be looking at this debt ceiling, and i'm going to invoke shakespeare, the bard, that this may be much ado about nothing. i'm going there. right here. >> right now? the cliff is -- >> don't you love -- you know, when i first heard, i thought what a great title, i said no, moran, take the shakespeare course first the it's going to be claymation death match, maybe ufc, you and i watch that in our spare time -- not -- but i don't think it's as important as getting through the fiscal cliff. people are hiring again. >> dow transports continue to hit six-year highs. >> even as crude is up 95. >> it's like a market that has transport leadership. did you see union pacific? we had mike's southern on "mad money" he says point-blank, the hole has bottomed and is starting to go higher. and be good to the shutdowns, the coal plants. don't forget china has been burning coal, like you wouldn't believe. much more inventory reduction, because it is so cold. don't care maybe as much about the air. >> apparently not given what we've been hearing out of the beijing. >> can you see y
CNN
Jan 19, 2013 6:30am PST
more cliffs on the horizon, the debt ceiling, sequester and continuing budget resolution. the very beginning of this second movie, how is this going to set the plate? >> well, i think that it's important to note that the hardest part is over. they managed to get through the fiscal cliff without allowing these huge tax increases in spending cuts. they delayed the spending cuts. there's a lot of work ahead of them. there's been deficit reduction they've managed to get done in the past year. the problem, i think, is political. it's not economic. right now, congress is obviously very divided. they're not working together. they're going to have to, if they want to, for instance, raise the debt ceiling and avoid a financial crisis. the question is, can barack obama do a better job of helping them do that because there's been a lot of complaints in congress that he hasn't been leading. he has even offended members of congress by applying they're not doing their job. so i think there's this political question that's overlaid this very thorny economic question. >> will the leadership of thi
FOX News
Jan 22, 2013 1:00pm PST
getting word that as expected the house will vote on the debt ceiling limit for another few months, pushing it back to may 19. the report on this possibility yesterday in washington for the inauguration, this this might be a face-saving gesture on the part of republicans to gather their duffs and buy some time with a president who at least for the time being is more popular than they. what do you make of the timing of this vote? -- and what they will gain? >> i think the republicans were concerned about public perception of them not doing anything and i think it's a bad idea. i mean, i think this kicks the can down the road. move people say, we want a solution today. we don't want to keep having this conversation. every couple of months, we talk about the debt ceiling, what good is a ceiling if you keep raising it and you don't make spending cuts to keep yourself under that number? it has no purpose. >> neil: i want to take a look at the corner of wall and broad. many argue the reason why it was up 62 points is the fact that, whew -- it's a relief they won't bring this to the brink
FOX Business
Jan 21, 2013 6:00pm EST
people out of unemployment, and bring a renewed energy to our country. coming up, will the debt ceiling debate delay your tax refund? next in the president obama has begun his second term by declaring the possibilities are limitless. our political panel takes a look at the next four years. ♪ >>> from our fox business studios in new york, here, again, is gerri willis. gerri: well, not wasting a second of the second term, president obama making it clear who is in charge the next four years laying out a bold agenda in the inaugural address. that's how i read it. with more, maryann marsh, a democratic strategist, and rich lawry, editor of "the national review. " what do you think of the speech? >> audacious. one, it was an unabashedly progressive speech, shorn of the pose that's characterized as rhetoric. it also, i think, was audacious in its appropriation of the tradition of the american foundings. it was a direct challenge to republicans and the tea party saying you are obsessed with the founders. you are wrong. i am the one firmly within the tradition, and you are outside the mainstre
FOX Business
Jan 21, 2013 9:00pm EST
a renewed energy to our country. coming up, will the debt ceiling debate delay your tax refund? next in the president obama has begun his second term by declaring the possibilities are limitless. our political panel takes a look at the next four years. ♪ officemax can help you drive supply costs down... and down. use your maxperks card and get a 10-ream case of officemax multiuse paper for just 4.99 after maxperks rewards. find thousands of big deals now... at officemax. - ♪ 'cause people got me questioning ♪ ♪ where is the love - ma'am. you forgot your purse. - thank you. oh. thank you very much. - a message from the foundation for a beer life. >>> from our fox business stios in new york, here, again, is gerri willis. gerri: well, not wasting a second of the second term, president obama making it clear who is in charge the next four years laying out a bold agenda in the inaugural address. that's how i read it. with more, maryann marsh, a democratic strategist, and rich lawry, editor of "the national review. " whato you think of the speech? >> audacious. one, it was an unabas
FOX News
Jan 15, 2013 10:00am PST
warnings about the u.s. credit rating and the debate over the debt ceiling. why some think this could mean new hope for a minting a trillion dollar coin we could use to pay our bills. we thought that was settled. maybe not. and this high school principal is in hot water after trying to connect with students with a video that he says was meant to be a parody. we'll push play and you decide. and a reporter yesterday challenged the president about whether he's doing enough to reach out to republicans and trying to negotiate the big deal he says he's looking for. we'll show you his response and look at what that could mean for the gun debate, the debt ceiling and the rest. >> most people who know me know i'm a pretty friendly guy. and i like a good party. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. turn your world upside down with gillet
Current
Jan 14, 2013 5:00pm PST
taxes or is there more to it. >> you look at every fight whether its fight over the debt ceiling, fight over guns, immigration, and you're going to see brutal fights. why? this is one of the most polarized congresses we've had in years. you have democrats and republicans who make up the majority occupying very conservative districts. there is very little political incentive for either party to come together and making a deal, and republicans bringing the nation to a government shut down may makes sense to them. >> john: you talked about how obama managed to drive a wedge between red state republicans and blue state republicans. is that what he's trying to do on the debt ceiling debate as well. >> you can the white house adopt a divide and conquer strategy for quite a bit of time. there are 85 house republicans who voted yes on the bill and created the margin it needed to pass. here's the interesting thing of those 85 republicans who voted yes. 70 of them came from blue states. states that voted for barack obama over mitt romney last november. in other words the white house is defending
FOX Business
Jan 14, 2013 7:00pm EST
of the american people over the debt ceiling. former reagan political director ed rollins, a clinton adviser doug shown a bond our guests. our first says it is unlikely the obama administration will push through a ban on assault weapons or a ban on large capacity ammunition magazines. the white house task force on gun violence as he said, failed to address the concerns of governors. joining us now, president of the national rifle association. good to have you with us. this has been a remarkable state in the presentation by joe biden to the present, the statements by the president himself and a press conference. hastily called saying that make taking guns away from people isn't about the second amendment your reaction. >> it is. it is about american freedom. this is a president who has spent his life as an opponent of second and minarets in this country. he promised before the election board that after the election you start to do something. he has this whole public-relations -- relation operation financed to a mere blumberg of new york that was ready to swing into action. what newtown gave him wa
FOX News
Jan 14, 2013 4:00pm PST
's debt ceiling and the effort to stop mass murderers in america. >> my point is to focus on what makes sense, what works. >> one month after the shooting at newtown it is time to come up with action. >> we to have answers. >> he will announce his specific plan within days. the possible gun proposals and could they actually become law? plus the lance armstrong interview. he's denied he doped for years. >> sick and tired of these allegations. they are absolutely untrue. >> the support gave him the boot. >> lance armstrong has no place in cycling. >> now and for the first time lance armstrong says he's opening up about what really happened. >>> and hundreds of people hunting giant snakes. >> the species of the day is ber mes python. >> i have a machete and side arm. >> man verses python in the florida everglades. >> breaking news with lance armstrong. first president obama still supports an assault weapons ban. he admits it may not make it through congress. the president head a news conference and said the ban is one idea he is considering after a list of recommendations from joe biden. i
CSPAN
Jan 16, 2013 7:00am EST
's in south carolina. and this headline in the aiken standard -- then, on the debt ceiling debate, the ways and means chairman has announced there will be hearings on this on january 22. they will be taking a look and that. also in the newspapers this morning, here's the "washington times with this headline -- " he will be our guest coming up, the top democrat on the ways and means committee in the house. later, we will talk to the chairman of the house judiciary committee, representative goodlatte, on the washington journal this morning as well. two members of congress. continuing with the debt ceiling, the financial times this morning reports -- on the nomination of chuck hagel, a former nebraskahe ka senator.m he won the support of two key members. his opposition so far has come almost entirely from fellow republicans. those are some of the headlines this morning in the papers. back to our question, do you support executive action on gun- control measures? now to an independent caller. caller: hi. i just wonder if there are any human beings left. the underlying issue has very little to d
CSPAN
Jan 22, 2013 10:00am EST
of representatives faces a vote to increase america's debt ceiling. pending legislation raises the debt ceiling by roughly $300 billion to $400 billion. what protection does america get in return? are there any spending cuts? no. are there policies that spur economic growth in resulting revenue increases? no. does this proposal help fix in any way the trillion dollar deficits that threaten america with financial ruin? no. mr. speaker, i can only speak for me. i will not vote to raise the debt ceiling unless significant efforts are made to fix the underlying problem of deficits and accumulated debt that force debt ceiling votes and risk america's future. i will not vote to raise the debt ceiling unless first congress passes a substantive balanced budget constitutional amendment that solves the debt problem for future generations or, second, we implement sizable spanneding cuts that help get our financial affairs in order. i take this stance full well knowing the adverse economic effects of a failure to raise the debt ceiling, but also knowing, mr. speaker, that those affects pale in comparison t
FOX Business
Jan 22, 2013 11:00am EST
their lives around. rich: the house tomorrow will vote to extend the debt ceiling to may 19, as long as the senate and house both pass a budget. if not, this bill prescribes that it gets held back is not. dagen: thank you. president obama mentioned just about everything from gun control to climate change in his inaugural address. one thing was almost missing, though. jobs. joining us with more is steve moore. he laid out his agenda, a whole host of things. why not focus on jobs. does he think that this recovery is so on track that jobless rate will continue to fall, steve? >> i was struck by that also. in the whole speech, he did not talk about jobs. he did not talk about private business and entrepreneurs. it was a very pro-government speech. the president has a big challenge ahead. we still have a near 8% unemployment rate in this country, chipolte, over the last four years of this suppose it recovery. i do not think he mentioned the word jobs in that entire speech. dagen: three times. we did a quick count. >> i stand corrected. dagen: if you go through the list of things that he c
CSPAN
Jan 22, 2013 1:00pm EST
we're going to do, we're going to pass a three or four-month extension of the debt ceiling. then we're going to get into a fight on the sequester and hold the line of the sequester. this is a promise the leadership is making to us. as long as they keep that promise i think many conservatives will be ok with that. then when we get to the debt ceiling fight we're going to ask for at a minimum the one--- the one-for-one cuts that come from the boehner rule for any long-term debt ceiling extension system of if we look at that, it means that in 10 to 15 years, with very little help from the democrats, we can achieve a balanced budget which is much better than even the 23- to 27 -- better than the 23 years to 27 years and obviously better than the never balancing budget obama and the democrats have proposed for the last four years. so you look at all the data out there. all the public opinion polls say that the american people think we're spending too much money. that the american people think that we are taxing too much. but the problem is that as republicans, i think this goes to what r
MSNBC
Jan 15, 2013 6:00am PST
and they will be able to meg officiate on the debt ceiling. you about want to find a way out of getting boxed in on the debt ceiling themselves, believing a fight over funding the government is a much better political fight for their party. here's congresswoman marsha blackburn yesterday. >> i think there is a way to avoid default. if it requires shutting down certain portions of the government, let's look at that. >> yesterday the president sounded almost resign to the idea a government shutdown is probably coming up. >> if the republicans in congress made a decision they want to shouldn't down the government in order to get their way, then they have the -- votes at least in the house of representatives probably to do that. i think that would be a mistake. and it would be profoundly damaging to our economy. >> once again, what the white house was trying to signal on debt limit in government shutdown is this. they are not going the try to help republicans find a way out of it. they have to own debt limit and republican leaders know they need to move off of debt limit. they are trying to find
FOX News
Jan 19, 2013 1:00pm PST
the debt ceiling. this is the question we posed. is reduce the federal deficit a worthy goal? this is interesting you may recall white house press secretary made news by stating that deficit reduction is, quote not a worthy goal onto itself. 77% of voters disagree with them and that includes large majorities of republicans, independents and democrats. what is your take on this? >> again i don't want to be a downer here, the question is what urgency to do they place on that. we had an election two months ago where there were two candidates, one was more focused on cutting the deficit and reducing our long term debt and one didn't think it was a big concern. the one who didn't think it was a big concern won the election. yes, voters seem to say that is an issue they agree with, but when it came to election day two months ago that certainly wasn't one of the top issues they voted on because they voted for the candidate who wasn't embody go it. >> heather: through his actions, as well. that leads to this, how f or if it should be raised? should the debt limit be raised again, 23%
MSNBC
Jan 19, 2013 9:00am PST
across the country. >> we're going to change to debt ceiling now. white house leader eric cantor says the gop -- they're going to give them a three-month reprieve, they're going to temporarily approve a debt limit increase. the president said no negotiating on the debt limit ceiling. is this a victory for the president or do you see this as just a postponing of the inevitable standoff? >> it's both. it is a victory for the president, the republicans have been saying, we're not going to raise the debt ceiling unless we have every dollar of the debt ceiling goes to spending of that same amount. they've conceded they're going to extend the debt ceiling without any cuts. but that moves us to now where government funding expires on march 31th. at that point, we'll have a s w showdown in which republicans insist on spending cuts. there will still be some kind of fight. we will have a clock to some kind of catastrophic event that could happen, like we had in december. but it would not be with the debt ceiling. the republicans seem to have conceded to the obama. they're worried that obama ha
NBC
Jan 14, 2013 5:00pm PST
was the looming fight over the debt ceiling saying that america is not a dead beat nation. mr. obama installed that he is not willing to negotiate when it's coming to raising the ceiling. if it's not raised, social security checks and benefits for veterans could be delayed. it could be harder to pay your bills now than it was a month ago. that is because uncle sam is taking an extra 2% out of everyone's check for social security. for most people in the bay area, that is about $80 a month or $1,000 a year. >> scott? >> we will do it with the help of mobile apps. now, step one if you have a mobile device. try to avoid the temptation to upgrade. there you saved your 80 dollars a month already. we have apps to show you, most of us is have to drive and spend money on gas. this app is from the yellow pages. it can save you money. helping you find gas stations and ways to change your oil and tires that are close and less expensive than whatever else is around you. lock in your favorites. map them out, save money. another way to save money. grocery shopping, with strategy this can shave you bucks. you
ABC
Jan 14, 2013 11:00pm PST
in office. talked pose i about the debt ceiling. he announced if congress doesn't work with him and raise the debt ceiling will america will go into default and we might have to sell florida. say goodbye to nana and pop pop. >> chimpy up next. >> the morning news starts at 4:30 appreciate your time have a good night. a good night. >> good night "jimmy kimmel live"! tonight ellen degeneres. the bachelor sean lowe. and music from onerepublic. with cleto and the cletones. and now from this point on, here's jimmy kimmel! [ cheers and applause ] >> jimmy: welcome. hi, i'm jimmy. i'm the host. thanks for watching. thank you for -- raising the arctic 50 degree weather to be here tonight in hollywood. very kind. i do appreciate
FOX News
Jan 17, 2013 1:00pm PST
. tdd#: 1-800-345-2550 >> $64 trillion and counting. the nation's debt ceiling. to cut to red, my next guest advocates more green when it comes to health care. the called the health reduction. she said there would be a method. explain. >> well, actually, the public option would decrease the deficit by about $104 billion over ten years. >> how too you know that? >> that's the congressional budget office estimate. of what it would do. this is not numbers i made up. because it would inn fact lower the -- provide an option -- this would be completely by choice -- for people who don't want to pick this public option, among the private sector choices within a health exchange, and rates for premiums are estimated to be about 5 to 7% lower, meaning those people in the exchange that needed a subsidy would take fewer tax dollars and it is also estimated that it would serve as an anchor, because there's competition, to bring down the cost of health care, even in the private sector as well. >> when is the government -- when is the government ever done that? with george bush's plan, you were critic
FOX Business
Jan 14, 2013 10:00pm EST
will not negotiate on the debt ceiling, even accusing republicans of an unfortunate metaphor, holding a gun at the head of the american people, as he ut it. meanwhile, treasury secretary tim of the airline's the united states to default on payment as soon as mid february. for more of the president's is covered son joined by former reagan political director ed rollins, former pleasant to have clinton political adviser. let's start with the president's news conference today. the president seemed, well, you characterize it. he seemed to fill in the blank " >> i would say congeal. meaning that he tried to portray himself as reasonable and said that there was now negotiating and the debt ceiling, lesley because he is in a strong position politically in that the most would agree that the republicans are showing no signs of real life. lou: do you agree? >> i think the republicans rolled over and play dead. at this point in time they will draw a line in the sand. no believe they should shut government down, but i think this is a position where they need to make their se known. the president said ov
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